El Salvador’s Bukele Says Bitcoin Strategy a ‘Net Positive,’ but Adoption Lags
El Salvador now holds $400 million in its “public wallet alone,” President Nayib Bukele said in an interview with TIME.
Financial
Bitcoin
Financial
Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
Nakamoto could boost transaction speeds on Stacks and open the door for smart contracts using Bitcoin as a base layer.
Financial
Bitcoin Bounce Fizzles as Nvidia’s Slide Ahead of Earnings Adds to Risk-Off Mood
Ether’s year-to-date gain has narrowed to less than 10% in crypto’s latest price tumble.
Financial
Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan
Spot ether exchange-traded funds have seen net outflows of $500M since their launch, the report said.
Financial
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
More than five months of sideways price action is testing investors’ patience, but similar low-volatility episodes led to break-outs to new record prices, one observer noted.
Financial
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor’s Successful BTC Strategy
Marathon Digital sold bonds to fund bitcoin purchases, following the route Saylor’s MicroStrategy has taken to big stock market gains, as mining profits dwindle.
Financial
The Protocol: Now Everyone’s Putting a Wrapper on Bitcoin
In this week’s issue of CoinDesk’s newsletter on blockchain technology, we’re covering the drama surrounding “wrapped bitcoin” as Tron founder Justin Sun assumes a custody role, signs of upheaval in the Urbit ecosystem and the rise of dark pools on Ethereum.
Financial
Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.
Financial
First Mover Americas: Bitcoin Holds Below $60K Before U.S. Jobs Data Revision
The latest price moves in crypto markets in context for Aug. 21, 2024.
Financial
Bitcoin Metrics Signal Weak Demand as BTC ETF Hype Slows: CryptoQuant
Apparent demand has slowed considerably since early April and even dipped into negative territory this month, the firm noted.